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Dozens of companies are developing the next wave of nuclear technology, based on new designs By Will Wade and Rebecca Torrence Investors have poured US$4.6 billion into United States nuclear startups so far this year, up from US$3.8 billion raised in 2025, according to Crunchbase. They’re betting that deep-pocketed tech firms desperate for power will …
AI’s Nuclear Power Push Runs Into Cost and Regulatory Hurdles Read More »
(Reuters) – The Iran conflict has put a spotlight on the somewhat murky world of refined fuel trading as the world battles constrained supply and record-high prices. But it is AI that may bring the trading of diesel, gasoline and other products out of the shadows for good. While crude oil trading practices have been …
(Reuters) – Phillips 66 is using artificial intelligence to predict outages within its refining systems, save on maintenance costs and increase crude processing, said Tandra Perkins, an executive vice president at the US refiner. “I need my systems up more than they’re down, being able to predict that obviously saves on maintenance costs,” Perkins said …
By Leigh Thomas Global growth seen at 2.9% in 2026 (vs 2.8% in June), 3.0% in 2027 (vs 3.1%) G20 inflation forecast at 4.1% in 2026, revised up sharply to 3.6% in 2027 Risks from El Niño, bonds to AI earnings could cut global growth by 0.7 points PARIS, Sept 23 (Reuters) – AI-led investment …
OECD Expects AI Boom to Help Offset Middle East Energy Shock for Now Read More »
By Alastair Marsh Of all the ways in which artificial intelligence might destroy humanity, its carbon footprint is far down the list for some of Wall Street’s most prominent climate experts. Aniket Shah, the Jefferies executive who heads the bank’s strategy on sustainability and the energy transition, says he’s asking the global finance industry not …
By Alastair Marsh Of all the ways in which artificial intelligence might destroy humanity, its carbon footprint is far down the list for some of Wall Street’s most prominent climate experts. Aniket Shah, the Jefferies executive who heads the bank’s strategy on sustainability and the energy transition, says he’s asking the global finance industry not …
On Wall Street, Frustration Is Mounting That AI Will Hijack the Climate Debate Read More »
By Nick Turner The Nvidia Corp. logo displayed outside the company’s offices in Shanghai.Photographer: Qilai Shen/Bloomberg Nvidia Corp. is buying an additional $1.5 billion in shares of SB Energy Inc., a data center provider backed by SoftBank Group Corp., ahead of that company’s US initial public offering. Nvidia, the largest maker of artificial intelligence processors, …
Nvidia Buying an Additional $1.5 Billion in SB Energy Shares Ahead of IPO Read More »
(Reuters) – The European Commission proposed rules on Monday requiring data centres in Europe to disclose how efficiently they use energy and water, as concerns grow over their consumption of resources. The EU wants to triple its data centre capacity over the next seven years, to support the rapid development of artificial intelligence and …
EU to Require Data Centres to Disclose Energy and Water Efficiency Read More »
By Julian Hast Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic feet per day in the ten years to 2035, even accounting for …
THE BIG BURN: US Data Centers Set to Burn More Natural Gas Than Most Nations Read More »
By Joyce Lee Grid bottlenecks, costs remain electrification barriers Seoul to target 35% electrification by 2035 with Asian countries Qatar supply disruption, European demand squeezing Asian LNG markets SEOUL, Sept 17 (Reuters) – The International Energy Agency’s chief said on Thursday the shift toward electrification remained firmly backed by capital markets even as grid capacity …
IEA Chief Says Electrification Remains the Way Forward Despite AI Investment Jitters Read More »
